Natural Resources

Türkiye, Serbia enjoy 'golden age' in ties, Erdoğan says

Türkiye and Serbia are experiencing a "golden era" in bilateral relations, President Recep Tayyip Erdoğan said on Oct. 11.

"Our trade volume has exceeded $2 billion for two consecutive years. We continue to take joint steps with determination to reach our common goal of $5 billion," Erdoğan stated at a joint press conference with Serbian President Aleksandar Vucic.

Turkish vessel set for hydrocarbon exploration in Somalia

Türkiye's seismic research vessel Oruç Reis is scheduled to depart for Somalia this weekend, Energy and Natural Resources Minister Alparslan Bayraktar has said.

The minister announced the deployment at a conference in the capital Ankara on Oct. 2.

It follows a deal signed between Türkiye and Somalia for hydrocarbon exploration in three designated offshore blocks.

Türkiye, Venezuela discuss oil and gas cooperation opportunities

Turkish Energy and Natural Resources Minister Alparslan Bayraktar and Venezuelan Vice President and Oil Minister Delcy Rodriguez have discussed new opportunities for cooperation in the exploration, production and trade of natural gas and oil.

Bayraktar met with the Venezuelan committee in the Turkish capital Ankara, the Turkish minister said on X.

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